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Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter reveals the following.. Sales (14,000 units x $205 per unit)
Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter reveals the following.. Sales (14,000 units x $205 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Fixed Budget $2,870,000 $350,000 588,000 392,000 150,000 1,480,000 1,390,000 112,000 210,000 Advertising 100,000 422,000 Administrative expenses Administrative salaries 200,000 Depreciation-office equip. 170,000 Insurance 140,000 Office rent 150,000 660,000 Income from operations $ 308,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 12,000 units. (4) Compute the income from operations for sales volume of 16,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4
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